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Feb 6, 2013
02/13
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u.s. futures -- yelp. u.s. futures showing modest positives, barely if you take into account the dow adding literally one point. the nasdaq andipeis roughly unchange -- and s&p roughly unchanged. wiped out the losses from monday. we're looking at key levels. less than 80 points away from 14,000 on the dow. 1,-506 for the s&p. >>> the nikkei having a great run. up 3.77%. the yen is down at 33-month lows against the dollar and the euro. we sat down earlier than he was planning to meaning the monetary policy will start earlier, as well. interesting that there was chatter in the market yesterday. it took until today to be an excuse for the market to move higher. that yen and the nikkei link continues unabated essentially. that's where we stand ahead of the u.s. open. >>> let's remind you what some of the guests already today have told us about what you should do with your money. >> there's very lid out there in the spanish market which doesn't have an alignment roughly with where value is now. it's not a market tha
u.s. futures -- yelp. u.s. futures showing modest positives, barely if you take into account the dow adding literally one point. the nasdaq andipeis roughly unchange -- and s&p roughly unchanged. wiped out the losses from monday. we're looking at key levels. less than 80 points away from 14,000 on the dow. 1,-506 for the s&p. >>> the nikkei having a great run. up 3.77%. the yen is down at 33-month lows against the dollar and the euro. we sat down earlier than he was planning to...
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Feb 8, 2013
02/13
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we talk about u.s. stocks and i see in your notes you favor emerging markets and european stocks over the u.s. if you do go for the u.s., make sure they have good international exposure. >> yeah. we are having a good earnings season domestically right now. one of the things we are paying atension to is the fact that those u.s. companies generating a significant portion of the revenues from overseas, those are the companies carrying weight as oppose to companies generating most revenues here domestically. beyond that, yes, we like eurozone stocks. we think the best place for us to make money for our clients over the next five years would be a merging markets. now the key things to remember is that we're not necessarily saying that eurozone stocks are going to, you know, be fantastic performers this year in 2013. but when we manage on the five year time horizon, we feel over the course of the next five years, the next is emerge market stocks followed by eurozone and u.s. stocks at the end of that. >> supe
we talk about u.s. stocks and i see in your notes you favor emerging markets and european stocks over the u.s. if you do go for the u.s., make sure they have good international exposure. >> yeah. we are having a good earnings season domestically right now. one of the things we are paying atension to is the fact that those u.s. companies generating a significant portion of the revenues from overseas, those are the companies carrying weight as oppose to companies generating most revenues...
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Feb 26, 2013
02/13
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presumably, the u.s. is doing the same kind of spying in china, but michelle van cleave says america has so much more to lose. >> i think we're a real candy store for the chinese and for others in terms of technology and commercial products or other proprietary information, and so we will always be the principal target for them. >> what is the most serious damage that ches
presumably, the u.s. is doing the same kind of spying in china, but michelle van cleave says america has so much more to lose. >> i think we're a real candy store for the chinese and for others in terms of technology and commercial products or other proprietary information, and so we will always be the principal target for them. >> what is the most serious damage that ches
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Feb 1, 2013
02/13
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maybe the u.s. government should do that. let's take medicare and medicaid and put them all into the state exchanges. the problem is you can't pay that. >> you can't. can't afford it. >> i'll give you last word on this, phil. >> it looks like this is turning into an effort to blame unions for the health care mess that we have been in for a long time. we spend more money in health care than any country with mediocre outcomes. it would have been nice if the republicans, when they were in charge of the white house for many years, tackle this problem. >> i agree with you on that. in that sense, i'm not going to be partisan. now that the labor union democratic supporters of obama read the fine print, and we all get a taste of the cost overruns and the potential tax hikes, people are going to go nuts over this. they're not going to buy into it. i got to get out of here. grace-marie, phil, appreciate it. we're just about an hour away from a program here on cnbc that people are just dying the see. it's all about the big bucks and big
maybe the u.s. government should do that. let's take medicare and medicaid and put them all into the state exchanges. the problem is you can't pay that. >> you can't. can't afford it. >> i'll give you last word on this, phil. >> it looks like this is turning into an effort to blame unions for the health care mess that we have been in for a long time. we spend more money in health care than any country with mediocre outcomes. it would have been nice if the republicans, when...
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Feb 7, 2013
02/13
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u.s. air, the name -- >> it would be american. the brand is just far too powerful on a global basis especially. that's what you have it look at here. this is all about global aeration game. it is nice to talk about what it means for americans in the u.s. at the end of the day, this is all about having the size on a global basis. >> they should change it to people's express, western piedmont, eastern. >> i'm sure that would go over well with those back -- >> you raised a good point. who is left to merge after this? is this the last of the mega mergers in the aviation world? >> well, what we are eventually moving towards is what happens if we ever get to the point where you see cross border international mergers. almost every country has said no, we don't want to have foreign ownership on a majority level. can you have 25% stake of one airline here in the united states if you are a foreign carrier. that is the next shoe to fall if it falles. but we are a long wayes from that. >> quantis american space. >> no, the kangaroo flies alon
u.s. air, the name -- >> it would be american. the brand is just far too powerful on a global basis especially. that's what you have it look at here. this is all about global aeration game. it is nice to talk about what it means for americans in the u.s. at the end of the day, this is all about having the size on a global basis. >> they should change it to people's express, western piedmont, eastern. >> i'm sure that would go over well with those back -- >> you raised a...
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Feb 27, 2013
02/13
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gave support to u.s. markets as we're just over an hour and nearly ten minutes into trade in europe. down on the session lows. you see pretty even stevens on the dow jones stock 600 between advances. and advances nosing in front at the moment. we have come back from the earlier, better start that we had. nevertheless, trying to claw back losses from where we were yesterday. the xetera dax flat at the moment. the ibex in spain up .5%. the ftse mib up .2%. there are some individual stocks worth looking at this morning. here we go, eads up 5% after earnings beat expectations. more on that company later on in the show, as well, with our correspondent in paris. and 6.7% raise in brig. shares rising because of the opt stick outlook for 2013. swiss livestock up 7%. their numbers came in with expectations. shares rising after the c.o. said further writedowns are unlikely. and cable deutsche down 4.5% on reports that vodaphone will have a takeover bid. italy, 4.86%. as peter said, 5%. anything blow that might be a
gave support to u.s. markets as we're just over an hour and nearly ten minutes into trade in europe. down on the session lows. you see pretty even stevens on the dow jones stock 600 between advances. and advances nosing in front at the moment. we have come back from the earlier, better start that we had. nevertheless, trying to claw back losses from where we were yesterday. the xetera dax flat at the moment. the ibex in spain up .5%. the ftse mib up .2%. there are some individual stocks worth...
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Feb 20, 2013
02/13
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given what happened in the u.s., the u.s. since 9/11 lost around $600 billion of tourist income because they were overly aggressive with their visa regime. within the boirvegz you had the commerce department -- obama administration, you had the commerce department saying we want these people in and the state department saying, no, we want to keep them out. the only person that can resolve that debate in government is the president in that case or the prime minister. obama based on understanding the economic impact of people not coming to the u.s. basically instructed the state department to make changes. >> china isn't helping itself with all of the headlines with hacking and its involvement in spying potentially. maybe all allegations. but if there's political concern from the top about opening whether for tourism or work more generally, this is maybe a difficult time to make the sell. >> it's difficult. that's always the excuse that the interior ministries come out with. we produced research last year just inside the g20 co
given what happened in the u.s., the u.s. since 9/11 lost around $600 billion of tourist income because they were overly aggressive with their visa regime. within the boirvegz you had the commerce department -- obama administration, you had the commerce department saying we want these people in and the state department saying, no, we want to keep them out. the only person that can resolve that debate in government is the president in that case or the prime minister. obama based on understanding...
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Feb 8, 2013
02/13
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>>> a u.s. appeal escort has rejected a lawsuit against the swiss bank and called for a reimbursement of damages for ubs services that led the clients to evade u.s. taxes. carolin is in zurich in the warm today, carolin. what do we make of this? >> yes. well, if you think that this is a very twisted, unheard of story, i think you're probably not alone because the u.s. judge in this case called ate big travesty. he said it's odd for tax -- to seek recovery of damages. ross and kelly, let me give you the whole story. the lawsuit was filed by three former ubs clients in the u.s. they evaded taxes with the help of ubs. then they paid back their taxes plus a 20% fine when they took part in an irs amnesty a couple years ago. then they tried to recover some of those damages claiming that ubs failed to tell them that they actually needed to disclose those ubs accounts. by failing to do that, obviously, they committed tax evasion. but, again, the appeals court has thrown out that lawsuit and saying the p
>>> a u.s. appeal escort has rejected a lawsuit against the swiss bank and called for a reimbursement of damages for ubs services that led the clients to evade u.s. taxes. carolin is in zurich in the warm today, carolin. what do we make of this? >> yes. well, if you think that this is a very twisted, unheard of story, i think you're probably not alone because the u.s. judge in this case called ate big travesty. he said it's odd for tax -- to seek recovery of damages. ross and...
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Feb 22, 2013
02/13
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u.s. markets when they open in just a few hours time. as for the bond rates, it's been surprisingly quiet were as well. same happening with spain to 5.15%. so some movement out of gilt. that yield up to 2.12. it's moving out of bunds, as well, although we're still below 176%. no major change from trade levels that we've seen for the last couple of weeks. finally, forex, let's take a look at the euro. this has been important setting the tone for the trading session here and again in the u.s. the last couple of days today. it's adding 0.3%. 1.3233. we saw it jump up nearly 0.4% after that ifo data. the dollar/yen, the yen is weakening again today within adding about 0.4%. so we'll see what impact that has had on trade across asia. let's get straight to li sixuan for more. hi, sixuan. >> thank you, kelly. asian markets wrapped up the wobbly week on a mixed noed note. the shanghai composite lost 0.5% today and slumped nearly 5% on the first trading week on the year of snake. investors cautious
u.s. markets when they open in just a few hours time. as for the bond rates, it's been surprisingly quiet were as well. same happening with spain to 5.15%. so some movement out of gilt. that yield up to 2.12. it's moving out of bunds, as well, although we're still below 176%. no major change from trade levels that we've seen for the last couple of weeks. finally, forex, let's take a look at the euro. this has been important setting the tone for the trading session here and again in the u.s. the...
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Feb 18, 2013
02/13
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relative to the u.s. again, for a country that has its own printing press, you have to wonder if it's not more about inflation concerns. >> it is well and truly alive in britain with regard to its curren currency. plenty more to come on "worldwide exchange." see you in a few minutes. >>> the yen resumes its slide lower. the nikkei is up. the finance minister defending his stimulus plan in a cnbc exclusive. >> uk finance minister george osborne denies a warning to japan and says leader less follow through with their pledge. >> we have a common approach to this and the common approach is we're not going to use currencies as a tool of economic warfare. >> and investors say the latest restructuring, natixis is up after the french lender unveils a simpler structure and the special dividend. >> and the latest polls suggest bersani's party has a narrow lead in itly. jay you're watching "worldwide exchange," bringing you business news from around the globe. >>> markets are relatively quiet, save for japan. get to
relative to the u.s. again, for a country that has its own printing press, you have to wonder if it's not more about inflation concerns. >> it is well and truly alive in britain with regard to its curren currency. plenty more to come on "worldwide exchange." see you in a few minutes. >>> the yen resumes its slide lower. the nikkei is up. the finance minister defending his stimulus plan in a cnbc exclusive. >> uk finance minister george osborne denies a warning to...
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Feb 14, 2013
02/13
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taking american west into the u.s. now they want to take the railroad 08. >> why take the american name? >> i think there's a historic legacy and value too comes with the merp layer. it's one of the great airlines that has been around for more than 80 years. when you look at the airlines, the significance of the brand, they will be all important. >> you heard, phil, talking about with ba they have great american, they have great european routes. if they want to go international in asia, how do they tie up on that? >> well, they brought relationships with dell. actually, if you look at the strategy that has developed from american over the last few years, they've had 25% of their capacity on international. the american hasn't done well with that because their capacity is focused mainly in the caribbean and in south america. the money market markets are europe and asia. >> does that mean that they're going to reduce capacity in the u.s. or potentially are we going to see higher fares as a result? >> it's always a risk of
taking american west into the u.s. now they want to take the railroad 08. >> why take the american name? >> i think there's a historic legacy and value too comes with the merp layer. it's one of the great airlines that has been around for more than 80 years. when you look at the airlines, the significance of the brand, they will be all important. >> you heard, phil, talking about with ba they have great american, they have great european routes. if they want to go...
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Feb 4, 2013
02/13
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the u.s. this is not just a uk issue. it seems around the world, there is no appetite. but practically speaking, what will be the impact of this? >> i think of two elements. retailers have pretty much moved to very high margines and this product. those products are not necessarily totally restricted, but it's nothing like what is available in the early part of the season. you've got high margins, retail banking creating a lot of cash flow, but it's a very, very low growth business. you can't grow the business so far, your return will be 7%, 8%, 9% yield as an investor. the trick side is, how do you get from where you are to where you should be or where you're being told to be? i think in rbs's case, there's a better chance of getting there quicker. >> we'll leave it there. spanish prime minister march anna rajoy is meeting with angela merkel today in berlin. this ahead of parliament talks. this comes amid a corruption scandal at home that has called widespread calls for his resignation. he cam
the u.s. this is not just a uk issue. it seems around the world, there is no appetite. but practically speaking, what will be the impact of this? >> i think of two elements. retailers have pretty much moved to very high margines and this product. those products are not necessarily totally restricted, but it's nothing like what is available in the early part of the season. you've got high margins, retail banking creating a lot of cash flow, but it's a very, very low growth business. you...
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Feb 25, 2013
02/13
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i'm very optimistic for u.s. market now. >> what about the european crisis inspect how has that affected your company? >> the euro crisis has eventually hit us. but look, for me, one recipe out of the euro crisis is to simulate private investments. our industry is ready to make private investments, big time, as long as there is an investment friendly regulatory environment so we can actually, you know, make money in an appropriate way. i think this is part of the solution because a lot of growth and productively growth comes from the existence of ict infrastructure and we're part of that. >> and who are you going to vote for in september? >> are you kidding me? that's an interesting question. i am entirely unpolitical. >> now, ross, he also said to stay tuned for more news about a tie up potentially with fone, a spanish company that used wi-fi user generated networking hot points that put so much demand on companies like do you have ya telecom. deals may be a real theme coming out of this conference. when we spok
i'm very optimistic for u.s. market now. >> what about the european crisis inspect how has that affected your company? >> the euro crisis has eventually hit us. but look, for me, one recipe out of the euro crisis is to simulate private investments. our industry is ready to make private investments, big time, as long as there is an investment friendly regulatory environment so we can actually, you know, make money in an appropriate way. i think this is part of the solution because a...
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Feb 19, 2013
02/13
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that means growth in the u.s. couldn't take a hit. as far as what else is propelling stocks higher, mergers and acquisitions going on, media, even in the office services area, office depot, office max, possibly talking about a tie-up themselves. that is certainly giving some momentum to stocks and giving investors a little bit of oo mph to buy into the stock. who knows if it will stick. >> alison, thank you. >> sure. >>> thank you for keeping me company here at cnn as i was in for brooke baldwin. i want to take you to "the situation room" with wolf blitzer because he starts right now. and let's take a look at the "closing bell." you heard alison kosik say we're not going to hit the 14,164 today but we there is a lot going on in washington with the sequester and we have to hope that we are going to be seeing these kinds of numbers, wolf. we certainly hope it for a long time. but depending on what --
that means growth in the u.s. couldn't take a hit. as far as what else is propelling stocks higher, mergers and acquisitions going on, media, even in the office services area, office depot, office max, possibly talking about a tie-up themselves. that is certainly giving some momentum to stocks and giving investors a little bit of oo mph to buy into the stock. who knows if it will stick. >> alison, thank you. >> sure. >>> thank you for keeping me company here at cnn as i was...
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Feb 12, 2013
02/13
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if the u.s. is looking at its own set of unilateral sanctions, those will inevitably target chinese companies. they're more economically engaged than they have been in the past. >> it will be interesting to see the outcome. thank you for your perspective what do you make of the fact nobody has heard from this guy in days now? >> well, it could mean either one of two things. he may have gone up into that snowy mountain, and that's where san bernardino is in charge of the search. and that search has continued through bad weather and approved weather. did he go up there and freeze to death and die? did he find his way to shelter and hide out? we won't know that until that search is completed, and they seem to be going forward with it. the flip side of that is, that he found a way out. either a compatriot or a vehicle. and he has gotten down the hill and probably did so immediately if that's is the case, and is back out stalking, as the chief indicated he's worried. >> it's not clear how much he was
if the u.s. is looking at its own set of unilateral sanctions, those will inevitably target chinese companies. they're more economically engaged than they have been in the past. >> it will be interesting to see the outcome. thank you for your perspective what do you make of the fact nobody has heard from this guy in days now? >> well, it could mean either one of two things. he may have gone up into that snowy mountain, and that's where san bernardino is in charge of the search. and...
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Feb 14, 2013
02/13
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u.s. airways could be formally announced today. the boards of both companies met yesterday and reportedly finalized this deal. federal approval is still needed. the new airline would be the largest in the world with a market value of about $10 billion. talk about a monopoly. many analysts predict the merger will result in higher fares because of reduced competition. >> it's a huge business story but it will have an effect on the consumer. >> so did you feel that breeze? a boxer has been suspended for allegedly taking a dive 13 seconds -- 13 seconds -- into a fight against former nfl defensive end ray edwards. check this out. the phantom upper cut misses him by a foot. the guys sells it, literal knocking himself off his own feet. they say he was a last-minute replacement for a couple no-show boxers. north dakota fight governing body are reviewing the bout. that's probably a good idea. >> doesn't take long to review that. pretty obvious. >>> ten minutes past the hour. the end may be near for
u.s. airways could be formally announced today. the boards of both companies met yesterday and reportedly finalized this deal. federal approval is still needed. the new airline would be the largest in the world with a market value of about $10 billion. talk about a monopoly. many analysts predict the merger will result in higher fares because of reduced competition. >> it's a huge business story but it will have an effect on the consumer. >> so did you feel that breeze? a boxer has...
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when that happens, how does the u.s. make sure that al qaeda, or other terrorist organizations that might be loosely affiliated, don't get ahold of chemical wasn't, don't begin with all the weapons there, what happened in libya in some cases, what that is groundwork like? >> well, i think what you'd want to -- what you'd expect us to be doing is teaming, collaborating and planning with partners in the region. we have nato in the north and turkey a very strong partner in jordan. of course we mentioned israel to the west, all of whom share common interests in making sure these spillover effects don't affect them. that's what we're doing. we're planning. we've got options for any number of military contingencies. we're maintaining both a deterrent and preparedness posture. >> do the military contingencies include u.s. forces or something you see as a regional thing, securing the ground as it were in syria? >> we are better when we operate with partners, especially in that part of the world. of course any option we would pro
when that happens, how does the u.s. make sure that al qaeda, or other terrorist organizations that might be loosely affiliated, don't get ahold of chemical wasn't, don't begin with all the weapons there, what happened in libya in some cases, what that is groundwork like? >> well, i think what you'd want to -- what you'd expect us to be doing is teaming, collaborating and planning with partners in the region. we have nato in the north and turkey a very strong partner in jordan. of course...
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Feb 12, 2013
02/13
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we're getting this information from the u.s. geological survey which reported a seismic disturbance in north korea. the seismic event was centered near the side of pyeoongyangpyoo previous tests. officials have confirmed seismic activity in north korea. south korea says it detected what it called an artificial earthquake north of its border. the tremor, though, was different from what you might consider to be a normal earthquake. no further information at this stage is known. there's no official confirmation coming from anyone, least of all from pyongyang. north korea as we've been telling you, widely expecting to carry out this nuclear test any day now. pyongyang is expecting to stage a high intensity -- we have anna koran standing by in seoul, south korea, we also have alex in tokyo. let's go to anna koran, who is in seoul for us right now. anna, you're on military maneuvers just a few days ago, with the south koreans and u.s. military there. there is a great deal of preparation in south korea for this event. essentially, give
we're getting this information from the u.s. geological survey which reported a seismic disturbance in north korea. the seismic event was centered near the side of pyeoongyangpyoo previous tests. officials have confirmed seismic activity in north korea. south korea says it detected what it called an artificial earthquake north of its border. the tremor, though, was different from what you might consider to be a normal earthquake. no further information at this stage is known. there's no...
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it is for that reason u.s. troops on saudi sale, that was one of osama bin laden's prime motivators for his original attacks on the u.s. >> something also provocative is the fact there are reports out that perhaps drones from that very base in saudi arabia, the ones that killed the american citizen in yemen, does that square, is that right? >> reporter: yes. you are talking about anwar al awlaki. it does. there have been sort of parallel strikes in yemen, strikes conducted by the u.s. military, who have been in yemen working on a small basis with yemen's forces and parallel strikes by the cia. this would have been a cia strike. you look at the amount of scrutiny and debate and consternation that is engulfed the administration over the targeted killing of a u.s. citizen, even one who has been reported to be planning strikes on the u.s. you would only compound that by putting the u.s. military in that mix. >> chris, thanks. i want to bring in michael here. first of all, saudi arabia, i mean covering president bus
it is for that reason u.s. troops on saudi sale, that was one of osama bin laden's prime motivators for his original attacks on the u.s. >> something also provocative is the fact there are reports out that perhaps drones from that very base in saudi arabia, the ones that killed the american citizen in yemen, does that square, is that right? >> reporter: yes. you are talking about anwar al awlaki. it does. there have been sort of parallel strikes in yemen, strikes conducted by the...
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Feb 19, 2013
02/13
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u.s. computer hacks. >> and more breaking news. cnn learning eight masked thieves have made off with 50 million from brussels airport. plus, a 1-70 million chance. not only that a texas woman give birth to quadruplets. but two sets of identical twins. coming up, meet manuel and tessa montalvo and the kids, live. >>> new trouble discovered with the dreamliner's batteries. that and more in my business report. >>> tuesday, february 19th. "starting point" begins now. >>> all right. welcome, everybody. breaking news this morning in the oscar pistorius murder case. pistorius releasing a statement about premeditated murder charges against him saying this. i fail to understand how i could be charged with murder as i had no intention to kill my girlfriend. at his bail hearing, still going on as we speak, the judge ruling that premeditated murder charge, the severest charge in south african law, will stand and that makes it highly unlikely that the olympian, accused of killing his girlfriend, will be given any kind of bail. these new picture
u.s. computer hacks. >> and more breaking news. cnn learning eight masked thieves have made off with 50 million from brussels airport. plus, a 1-70 million chance. not only that a texas woman give birth to quadruplets. but two sets of identical twins. coming up, meet manuel and tessa montalvo and the kids, live. >>> new trouble discovered with the dreamliner's batteries. that and more in my business report. >>> tuesday, february 19th. "starting point" begins...
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Feb 14, 2013
02/13
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>> reporter: well, according to the u.s. coast guard they're probably less than 50 miles away from mobile right now. that might sound pretty close, but it's probably going to feel like an eternity before they get here. there was a flurry of activity last night with helicopters delivering new supplies to the ship and some new generators, so that sort of implies that they might have some means to have more electricity on board and everyone to have perhaps more food and more water before they get here. but once they do arrive here, that's when things are going to start moving relatively quickly for the 3100 passengers on board. here the plans have already been made to have buses waiting for them to take them back to their cars in galveston, texas, so they can drive right home tonight if they want to or they can take them to a hotel where you can bet there will be plenty of people anxious to get to that first hot shower they have had in quite some time. you think about this, soledad, this ship was supposed to arrive in galveston
>> reporter: well, according to the u.s. coast guard they're probably less than 50 miles away from mobile right now. that might sound pretty close, but it's probably going to feel like an eternity before they get here. there was a flurry of activity last night with helicopters delivering new supplies to the ship and some new generators, so that sort of implies that they might have some means to have more electricity on board and everyone to have perhaps more food and more water before...
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Feb 19, 2013
02/13
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u.s. nationals from adopting any more russian children. they did that at the end of last year. partly in response to u.s. legislation, targeting russian human rights abusers. but also because of concerns held for a long time here by russian officials who say they are worried about the way russian orphans are treated in the united states. supporters of the adoption ban claim since the 1990s 19 other russian children have died after being adopted by americans. the russian government says it is very concerned about the welfare of russian orphans and says 60,000 have are been adopted over the last 20 years. the adoption ban is one of the key reasons why relations between the united states and russia are the worst that they have been in a long time. a line of politicians here and officials have responded to the death of this 3-year-old boy by effectively saying, we told you so. phil black, cnn, russia. >>> european scandal over mislabeled meat keeps getting big der. details of the latest recall
u.s. nationals from adopting any more russian children. they did that at the end of last year. partly in response to u.s. legislation, targeting russian human rights abusers. but also because of concerns held for a long time here by russian officials who say they are worried about the way russian orphans are treated in the united states. supporters of the adoption ban claim since the 1990s 19 other russian children have died after being adopted by americans. the russian government says it is...
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Feb 13, 2013
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u.s. marshals were also here. but it's not clear they got to that location in time before all of that occurred. from federal law enforcement officials, i did understand they were going in with gas. it is not clear what they mean by burners. and that will be a question we have for the sheriff's office. they have been unable to comment on that today so far. whether they mean those are gas canisters, because they're concerned, it's not very clear what they are talking about there. >> okay. >> reporter: it would not be likely that any law enforcement would choose to burn down a house in order to get somebody out. but it doesn't -- it's very unclear what they mean at the moment. >> a lot of questions to be answered there. thank you very much, appreciate it. christopher dorner's violent rampage had the city of los angeles, the entire area really on edge. the vendetta left four people dead. earlier today on cnn, the mayor antonio villaraigosa talked about the fear around this. >> i got to talk to the people that were tar
u.s. marshals were also here. but it's not clear they got to that location in time before all of that occurred. from federal law enforcement officials, i did understand they were going in with gas. it is not clear what they mean by burners. and that will be a question we have for the sheriff's office. they have been unable to comment on that today so far. whether they mean those are gas canisters, because they're concerned, it's not very clear what they are talking about there. >> okay....
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the u.s., the uk and russia. while pistorius is in court on tuesday for a bail hearing, reeva's family says they'll be a memorial service for her as producers of her reality show released this farewell message from her, meant to be to the cast, but which now becomes her last words, her last good-bye. >> i take with me so many amazing memories and things that are in here and in here that i'll treasure forever. i'm going to miss you all so much. i love you very, very much. >> what a sad story that is. robyn kurnow reporting for us. we'll have more on that later here in "the situation room" as well. other news we're following including some painful budget cuts that will be felt by all of us. they're not only days away, they could affect you in some unexpected ways. plus, senator john mccain is alleging a massive cover-up on the deadly attack on the u.s. consulate in benghazi, libya. >> so it's the state department's fault? who would you blame? who is responsible then? i've always had to keep my e
the u.s., the uk and russia. while pistorius is in court on tuesday for a bail hearing, reeva's family says they'll be a memorial service for her as producers of her reality show released this farewell message from her, meant to be to the cast, but which now becomes her last words, her last good-bye. >> i take with me so many amazing memories and things that are in here and in here that i'll treasure forever. i'm going to miss you all so much. i love you very, very much. >> what a...
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we'll tell you why a russian governor is slamming the u.s. over the death of a 3-year-old child and what it could mean for people looking to adopt russian children. that story is next. rfest. with the year's largest selection of mouth-watering lobster entrees. like our delicious lobster lover's dream, featuring two kinds of succulent lobster tails. or our savory, new grilled maine lobster and lobster tacos. it's back, but not for long. [ woman ] our guests go crazy for lobsterfest. my favorite entree is the lobster lover's dream. what's yours? come celebrate lobsterfest and sea food differently. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto-insurance quote. >>> let me share with you pictures that we're getting of california getting smacked by heavy wind, r
we'll tell you why a russian governor is slamming the u.s. over the death of a 3-year-old child and what it could mean for people looking to adopt russian children. that story is next. rfest. with the year's largest selection of mouth-watering lobster entrees. like our delicious lobster lover's dream, featuring two kinds of succulent lobster tails. or our savory, new grilled maine lobster and lobster tacos. it's back, but not for long. [ woman ] our guests go crazy for lobsterfest. my favorite...
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unless all u.s. politicians are prepared to have that serious debate with the public that starts saying, where do we cut, but republicans want it all on the spending side, democrats want it on the tax side -- >> and neither of those work. >> -- somewhere in the middle -- correct. >> gentlemen, don't go away. we're loving this. i'm just sitting back being ail spectator. i love those guys. stay there. we want to bring in allison at the new york stock exchange. dow flirting with an all-time high while all this uncertainty is going on in washington. it's counterintuitive. why the bullish behavior? >> reporter: sometimes, michael,there is no reason why stocks are moving higher. you look at yesterday's trading day where the dow was up 175 points. fed chief bernanke's comments on capitol hill saying he's not going to pull back on that fed stimulus going into the economy. that was the magic phrase that sent stocks higher yesterday. also the clear, stronger recovery in the housing market. that's giving stocks
unless all u.s. politicians are prepared to have that serious debate with the public that starts saying, where do we cut, but republicans want it all on the spending side, democrats want it on the tax side -- >> and neither of those work. >> -- somewhere in the middle -- correct. >> gentlemen, don't go away. we're loving this. i'm just sitting back being ail spectator. i love those guys. stay there. we want to bring in allison at the new york stock exchange. dow flirting with...
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now, the u.s. supreme court has deemed it unconstitutional for capital punishment against a person who has mental disability. a judge in georgia even agrees saying that based on a preponderance of the evidence that he is mentally retarded. >> is there any hope for him? >> the question comes down now to the parole and the pardons board. and this is what his attorney said about that. and this group having the last option, the last group to save him from the death penalty tonight at 7:00 eastern. >> there's now no dispute amongst any of the experts that have evaluated mr. hill over the last 22 years that he is mentally retarded. so i am hoping that the board of pardons and paroles will reconsider its denial last year of clemency. we have filed a court action in state court to ask a judge to reconsider the mental retardation claim based on this new information. >> so now, in georgia, it's important to say this, although the u.s. supreme court has made this decision, georgia has the higher standard. it'
now, the u.s. supreme court has deemed it unconstitutional for capital punishment against a person who has mental disability. a judge in georgia even agrees saying that based on a preponderance of the evidence that he is mentally retarded. >> is there any hope for him? >> the question comes down now to the parole and the pardons board. and this is what his attorney said about that. and this group having the last option, the last group to save him from the death penalty tonight at...
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at the start of this year, u.s. nationals were banned from adopting russian children because of concerns here about the way that russian children were being treated and now as a result of this case, russian officials are saying we told you so. and they say it justifies the decision to implement that ban. >> phil black thanks very much, a case being watched closely on two continents now. >>> back here at the u.s. a georgia deathrow inmate hours away from execution. warren lee hill is scheduled to die today by lethal injection. his lawyers are making one final attempt to show hill, who has an iq of 70, is severely mentally disabled and cannot under the u.s. constitution be put to death. georgia is the only state in the nation that requires mental retardation, those words, to be proved beyond a reasonable doubt. >>> some interesting legal developments in colorado this morning, a package of four democratic gun control bills cleared the colorado house monday, the plan is heading to the senate, where the vote really could
at the start of this year, u.s. nationals were banned from adopting russian children because of concerns here about the way that russian children were being treated and now as a result of this case, russian officials are saying we told you so. and they say it justifies the decision to implement that ban. >> phil black thanks very much, a case being watched closely on two continents now. >>> back here at the u.s. a georgia deathrow inmate hours away from execution. warren lee hill...
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u.s. defense and domestic programs. you might think it's finally time for congress to get serious about doing something to avoid the potential pain out there. but guess what? you would be wrong. our chief congressional correspondent dana bash is up on capitol hill to explain what is going on. go ahead, dana. explain. >> reporter: we can now report that those $85 billion in forced spending cuts will kick in by the end of the day tomorrow. why? because congress is the only place that has the power to stop them and they are gone. lawmakers racing down the capitol steps, bolting out of town for a long weekend. this was before noon, a full day before the hammer comes down on forced budget cuts they voted for. is there a concern that you all are going to leave town while these cuts kick in and you won't even be here? >> well, speaker and the leadership will be here and i'm a quick flight away. i go home every weekend to see my family. >> reporter: you're on your way out? are you on your way home
u.s. defense and domestic programs. you might think it's finally time for congress to get serious about doing something to avoid the potential pain out there. but guess what? you would be wrong. our chief congressional correspondent dana bash is up on capitol hill to explain what is going on. go ahead, dana. explain. >> reporter: we can now report that those $85 billion in forced spending cuts will kick in by the end of the day tomorrow. why? because congress is the only place that has...
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u.s. couldn't take a hit. as far as what else is propelling stocks higher, mergers and acquisitions going on, media, even in the office services area, office depot, office max, possibly talking about a tie-up themselves. that is certainly giving some momentum to stocks and giving investors a little bit of oo mph to buy into the stock. who knows if it will stick. >> alison, thank you. >> sure. >>> thank you for keeping me company here at cnn as i was in for brooke baldwin. i want to take you to "the situation room" with wolf blitzer because he starts right now. and let's take a look at the "closing bell." you heard alison kosik say we're not going to hit the 14,164 today but we there is a lot going on in washington with the sequester and we have to hope that we are going to be seeing these kinds of numbers, wolf. we certainly hope it for a long time. but depending on what -- depending on what washington does, we'll have to see if it sticks. wolf blitzer? >>> thanks very much. happening now,
u.s. couldn't take a hit. as far as what else is propelling stocks higher, mergers and acquisitions going on, media, even in the office services area, office depot, office max, possibly talking about a tie-up themselves. that is certainly giving some momentum to stocks and giving investors a little bit of oo mph to buy into the stock. who knows if it will stick. >> alison, thank you. >> sure. >>> thank you for keeping me company here at cnn as i was in for brooke baldwin. i...
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Feb 16, 2013
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we are at a strategic point in the future of the u.s. army and the u.s. military. there's no doubt that we need a globally-engaged army with enough capacity to deter and prevent conflict. we need an army that takes capabilities and the unique structure that army has today to shape the environment and prevent conflict in all of our geographic combatant commands. this is about our nation's security. it is about developing the right balance of capabilities within the joint force. our history tells us that we get out of balance, our enemies will seek to take advantage and use that calculation in conflicts. the one thing history is clear about, we will be asked to deploy soldiers again. it is my responsibility that when they are asked, they have the capacity and readiness to be decisive and accomplish the mission. i look forward to the debate and feedback on the joint force and army's plans to posture for the future. i am interested in your views on the effects of budgetary effects and sequestration and its impacts on readiness and our national security. i want to think
we are at a strategic point in the future of the u.s. army and the u.s. military. there's no doubt that we need a globally-engaged army with enough capacity to deter and prevent conflict. we need an army that takes capabilities and the unique structure that army has today to shape the environment and prevent conflict in all of our geographic combatant commands. this is about our nation's security. it is about developing the right balance of capabilities within the joint force. our history tells...
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the u.s. and afghanistan are seeking in this moment of challenging transition. >> let me tell you where we are going next. >> thank you for being here. two questions. one, your president and hamid karzai have been meeting in london. they say they are setting a six- month deadline for talks with the taliban in afghanistan. are they able to function in society? and two, what is the best strategy for the united states in afghanistan in the long term? but she has asked two really big questions. the first is to speak and to afghanistan with the taliban and whether they can be integrated into society. they do have constitutional obligations to uphold. , with the looking at united states, transitions in afghanistan as well. there's a time line of elections to be held in afghanistan, as you know. these are processes and political decisions that the afghans must make themselves. i say this, and i do want to point to the historic shift that pakistan is very consciously and proactively making. our govern
the u.s. and afghanistan are seeking in this moment of challenging transition. >> let me tell you where we are going next. >> thank you for being here. two questions. one, your president and hamid karzai have been meeting in london. they say they are setting a six- month deadline for talks with the taliban in afghanistan. are they able to function in society? and two, what is the best strategy for the united states in afghanistan in the long term? but she has asked two really big...
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and want to know what is happening in the u.s., stories about the u.s. election were on the front page and the editorialized about it appeared they had editorial cartoons about the u.s. election. that is partly because china was mentioned quite freely, -- frequently, specifically by mitt romney. they have manipulated their currency. they have allowed the currency to float openly in a relatively constrained band. when i arrived, the currency was about seven, now it is about six. it has strengthened quite a bit of. >> do they watch our movies, our television programs, can they read the internet from here, and can they watch youtube? >> the internet is controlled by the great fire wall. that keeps out facebook, youtube, "the new york times" is banned. a lot of western sites are banned, including sites from hong kong and taiwan. a lot of young, savvy chinese have a virtual private networks and they are able to get around the great fire wall. it is a cat and mouse game. the chinese find new ways around it. the government is trying to restrict what people see
and want to know what is happening in the u.s., stories about the u.s. election were on the front page and the editorialized about it appeared they had editorial cartoons about the u.s. election. that is partly because china was mentioned quite freely, -- frequently, specifically by mitt romney. they have manipulated their currency. they have allowed the currency to float openly in a relatively constrained band. when i arrived, the currency was about seven, now it is about six. it has...
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. >> u.s. army chief of staff general raymond odierno says the greatest threat facing our nation is the fiscal uncertainty and potential budget cut -- but it sure call. hort falls. he made these remarks at the brookings institution. this is just over an hour. >> good morning, everyone, and on behalf of brookings and our center for 21st century security, we're honored to have the chief of staff of the army, general ray odierno, to speak. you are aware of the challenges of the budget process and our future military planning as well as current operations. no one could be more distinguished and a more thoughtful person to discuss these matters than general odierno, who is a friend of brookings and the broader defense community for a long time, and he has been a distinguished servant in our nation's military and defense throughout that time. he took the fourth infantry division to iraq and presided over its operation, directed its operations in the first year of the iraq war. then he returned as the
. >> u.s. army chief of staff general raymond odierno says the greatest threat facing our nation is the fiscal uncertainty and potential budget cut -- but it sure call. hort falls. he made these remarks at the brookings institution. this is just over an hour. >> good morning, everyone, and on behalf of brookings and our center for 21st century security, we're honored to have the chief of staff of the army, general ray odierno, to speak. you are aware of the challenges of the budget...
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is the u.s. willing to get more robustly involved allowing us to -- decide to walk up to the red line and is confident that we want to anything? >> that may be true. if the president of the united states determined that as a matter of national interest, to overturn the regime is what we needed to do, then he would sit down and craft a sensible military strategy to achieve that end. he would calibrate his ends with his means. i argue that is not a vital national interest, given the complications and consequences. a policy that would mandate a degree of responsibility that i do not think we can afford right now. with all due respect, i do believe there is some correlation between military ventures abroad that do not turn out right, and the nature of our own broken house. which is fundamentally broken. all i am suggesting, and i do not -- i do not know whether josh intended this, i do not believe that the arab and muslim peoples are incapable of democracy. it took us 150 years to reconcile the promi
is the u.s. willing to get more robustly involved allowing us to -- decide to walk up to the red line and is confident that we want to anything? >> that may be true. if the president of the united states determined that as a matter of national interest, to overturn the regime is what we needed to do, then he would sit down and craft a sensible military strategy to achieve that end. he would calibrate his ends with his means. i argue that is not a vital national interest, given the...
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central command and general david rodriguez u.s. army to be nominated to be commander of the u.s. afri command. these two combatant commands centcom and africom are the centers of gravity for our military's operations to counter the threat of terrorism. oath nominees have served our country with distinction and i want to thank each of you for your decades of military service and your willingness to serve once again. i understand that general austin 's wife charlene and general rodriguez' wife jen air with us this morning and i want to a knowledge them and thank them for their sacrifices, their support to our nominees throughout the years which is so essential to the success of our nominees and as is the committee's tradition are nominees are invited to introduce any family members or friends who may be with them this morning with their opening remarks. if confirmed general austin will assume command of centcom during it critical transition. not for military operations in afghanistan. in the coming months afghan forces will assume the lead responsibility for providing security thro
central command and general david rodriguez u.s. army to be nominated to be commander of the u.s. afri command. these two combatant commands centcom and africom are the centers of gravity for our military's operations to counter the threat of terrorism. oath nominees have served our country with distinction and i want to thank each of you for your decades of military service and your willingness to serve once again. i understand that general austin 's wife charlene and general rodriguez' wife...